Tax

Health Coverage Tax Credit (HCTC) Advance Payments

Certain Government Payments If you made contributions to a government unemployment compensation program and received a payment from that program, the payor must issue a separate Form 1099-G to report this amount to you.

Dividends and Distributions Form 1099-DIV, Dividends and Distributions, is used to report dividends, capital gains, nontaxable, and liquidation distributions.

Changes in Corporate Control and Capital Structure A corporation in which you own stock that has had a change in control or a substantial change in capital structure must send you this statement by January 31 of the year following the calendar year of the change.  You have received this statement because the corporation has […]

Cancellation of Debt A 1099-C must be provided if a federal government agency, certain agencies connected with the Federal Government, financial institution, credit union, or an organization having a significant trade or business of lending money (such as a finance or credit card company) cancels or forgives a debt you owe of $600 or more.

Proceeds from Broker and Barter Exchange Transactions Form 1099-B reports the proceeds from any sales of non money market funds in non-retirement accounts and is used to calculate capital gains and losses. File Form 1099-B (Proceeds from Broker and Barter Exchange Transactions) for each person: (1) for whom you, doing business as a broker or […]

Tuition Statement The 1098-T form is used by eligible educational institutions to report information about their students to the IRS as required by the Taxpayer Relief Act of 1997.  Eligible educational institutions are required to submit the student’s name, address, and taxpayer’s identification number (TIN), enrollment and academic status.

Student Loan Interest Statement Student Loan Interest Statement is the information return on which financial establishments, government agencies, and educational institutions that receive student loan payments are required to report to the Internal Revenue Service.  The form is used for claiming the Student Loan Interest Deduction, as provided by the Taxpayer Relief Act of 1997.